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HomeMy WebLinkAboutReports - 2019.12.17 - 32666Oakland County Employees' Retirement System Asset / Manager Summary - December 17, 2019 Asset Class / Manager MV ($000)%MV ($000)%Add/Reduce SSgA S&P 5001 $39,842 5.4%$37,072 5.0%($2,770) SSgA S&P 500 EW 1 $38,354 5.2%$37,072 5.0%($1,282) T. Rowe Price Enhanced 500 $75,237 10.1%$74,145 10.0%($1,092) TimesSquare Mid Growth $14,754 2.0%$13,902 1.9%($852) Great Lakes Small/Mid Core $15,239 2.1%$13,902 1.9%($1,337) Reinhart Small/Mid Core $15,625 2.1%$13,902 1.9%($1,723) Wedge Capital Mid Value $14,551 2.0%$13,902 1.9%($649) Loomis, Sayles Small Growth $23,478 3.2%$27,804 3.8%$4,326 LMCG Small Value $26,661 3.6%$27,804 3.8%$1,143 ABS Global L/S Equity1 $44,820 6.0%$37,072 5.0%($7,748) Total US Equity $308,561 41.6%$296,580 40.0%($11,981) Lazard Intl Equity $39,015 5.3%$48,194 6.5%$9,179 Pictet Intl Equity1 $49,765 6.7%$44,487 6.0%($5,278) Berkley Street Emerging Mkts.1 $20,577 2.8%$18,536 2.5%($2,041) Total Intl Equity $109,357 14.7%$111,217 15.0%$1,860 CS McKee Core Fixed $121,296 16.4%$133,290 18.0%$11,994 Loomis, Sayles Core Plus $74,327 10.0%$74,145 10.0%($182) Templeton Global Fixed1 $36,229 4.9%$37,072 5.0%$843 Churcill Direct Lending1 $13,513 1.8%$15,000 2.0%$1,487 $15MM Commitment Total Fixed Income $245,365 33.1%$259,507 35.0%$14,142 MS Prime Property RE1 $44,867 6.1%$39,316 5.3%($5,551) Prudential PRISA II VA RE1 $19,295 2.6%$14,829 2.0%($4,466) AEW Partners VIII 1 $2,799 0.4%$5,000 0.7%$2,201 $5MM Commitment Dune IV1 $437 0.1%$5,000 0.7%$4,563 $5MM Commitment; 1st call expected 3Q19 Alidade IV1 $3,843 0.5%$5,000 0.7%$1,157 $5MM Commitment Walton Street Capital1 $3,488 0.5%$5,000 0.7%$1,512 $5MM Commitment Private Investments1,2 $3,425 0.5%$0 0.0%($3,425) Total Real Estate $78,154 10.5%$74,145 10.0%($4,009) Cash Account $12 0.0%$0 0.0%($12) Total Fund $741,449 100.0%$741,449 100.0%$0 Market values from Northern Trust as of 12/6/19. 1. Market values not updated daily by Northern Trust. 2. Currently represents investment with JPM European Property Fund and Valstone. Current Allocation Target Allocation Comments Target Allocation = 20% target less Churchill. Target Allocation = 10% RE target less VA mgrs.